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A recent report by McKinsey & Company, one of the world’s leading management consulting firms, noted that the metaverse niche could reach a remarkable $5 trillion valuation by 2030.
Much of the growth in this niche will likely be fuelled by exciting new metaverse platforms that emerge in the coming years – with many already making their mark on the industry.
This guide will discuss ten of the best metaverse platforms on offer, exploring the features that make them so highly regarded, before diving into the potential benefits of investing in metaverse-based projects.
Battle InfinityOur pick for the best metaverse platform is Battle Infinity. Battle Infinity is a ‘play-to-earn’ (P2E) fantasy sports gaming platform with full NFT integration.
Hosted on the Binance Smart Chain, the Battle Infinity ecosystem ties everything back to the metaverse through the ‘Battle Arena’ – a rich 3D world where players can create avatars and interact with others.
As one of the best metaverse NFT projects set to launch this year, Battle Infinity offers several exciting features. These include:
From a safety perspective, Battle Infinity has been KYC-verified on CoinSniper and audited by SolidProof.io – providing comfort to those worrying about a potential rug pull. Looking ahead, Battle Infinity even has numerous exciting plans noted on its roadmap, including exchange listings and NFT land sales.
Almost $1 million (nearly 3000 BNB) has been raised so far in the Battle Infinity presale – which may sell out before its October 10th deadline. Its soft cap has already been passed.
Another popular entry on our list of the top metaverse platforms is Decentraland. Decentraland is a 3D virtual world powered by the Ethereum blockchain where users can interact with others and monetize their created content. In addition, users can purchase plots of virtual land (called LAND) using MANA – Decentraland’s native token.
Since LAND parcels are structured as NFTs, this gives users complete control over their environment. In turn, this allows users to build 3D scenes and even create games with which other users can interact.
The Sandbox is another of the best metaverse real estate projects for 2022. Much like Decentraland, The Sandbox is a rich 3D world hosted on the Ethereum blockchain where players can interact with others, build in-world structures, and monetize their creativity. As one of the biggest metaverse platforms, The Sandbox now has over two million registered users.
The Sandbox’s most compelling feature is ‘VoxEdit’ – a free 3D voxel modeling program that users can access via their computer. This program allows users to create anything they’d like, whether that be buildings, animals, weapons, etc. Interestingly, these creations can then be structured as NFTs and sold on The Sandbox marketplace.
Those interested in different metaverse platforms from the ones noted above may wish to check out Axie Infinity. Investors clamored to buy Axie Infinity in 2021 when the project’s popularity skyrocketed, leading the AXS price to increase by over 7,300% in a matter of months. Although the hype has subsided slightly, Axie Infinity remains one of the top metaverse platforms in the sector.
Put simply, Axie Infinity is a blockchain-based game where users can purchase cute monsters (called Axis) and battle them against others. These Axis are structured as NFTs, meaning they can be traded on the game’s marketplace using AXS. Users can also breed their Axis for a chance to create more – thereby generating additional income.
Another new metaverse platform attracting attention within the market is Illuvium. As defined by Binance Academy, Illuvium is an open-world blockchain game incorporating several RPG elements. In this game, players battle and capture ‘Illuvials’, which can then be used to battle, other players.
These Illuvials are structured as NFTs, each with its own aesthetic and attributes. Illuvial can also be combined to create more powerful creatures, which help users generate higher rewards through battling. Prizes are distributed in ILV, which is Illuvium’s native ERC-20 token.
Bloktopia is a 3D metaverse that incorporates the power of virtual reality to provide a fully-immersive experience for users. In essence, Bloktopia is a 21-storey virtual skyscraper paying homage to the 21 million Bitcoin (BTC) in existence.
Like other metaverse platforms, Bloktopia allows users to purchase designated spaces within the skyscraper, which are structured as NFTs. The platform is powered by the Polygon Network and uses BLOK as its native currency. Users who own space within the skyscraper can lease it to others and generate payments in BLOK.
Another metaverse platform ranking high on our list is Roblox. Roblox differs from the other metaverse platforms on our list since it is not hosted on the blockchain. Instead, Roblox is an online platform where players can come together and play games made by developers and other players.
Since anyone can create a Roblox game, the potential for this platform is endless. These games are free to play, although developers can monetize them by offering the ability to purchase additional in-game items. Transactions are facilitated using Robux, Roblox’s native currency.
Metahero is a unique metaverse project and one that differs from many on this list. Instead of a virtual world, the Metahero project offers valuable technology that allows users to scan real-world objects (or people) and transition them into the metaverse.
The 3D scanning technology that Metahero uses is industry-leading and allows users to structure real-world items as NFTs. Naturally, this will enable users to monetize anything they wish using HERO – Metahero’s native token.
According to CoinMarketCap, Star Atlas is a blockchain-based strategy game hosted on the Solana network. The game takes place in the year 2620 and leverages the power of Unreal Engine 5’s Nanite to provide an immersive gameplay experience like no other.
Within the Star Atlas metaverse, players can team up with others and explore the universe, conquering unknown territories. Each player will have their own spaceship, which they need to maintain and supply with fuel, ammunition, and food.
The final entry on our list of the best metaverse platforms is Nakamoto Games. Nakamoto Games is a blockchain gaming ecosystem containing games created by the Nakamoto team, along with games created by users.
There is an abundance of games available to play through the Nakamoto Games ecosystem, such as sports games, shooting games, action games, and more. The ecosystem also offers regular tournaments where users can compete against others to win huge prizes.
In summary, this guide has provided a comprehensive overview of the top 10 metaverse platforms on offer today, diving into what they are and why they are so highly regarded amongst investors. With the metaverse niche forecast to reach a $5 trillion valuation by 2030, all eyes will be on these platforms in the years ahead.
Battle Infinity is one platform that has caught investors’ attention due to its compelling combination of play-to-earn (P2E) mechanics and NFT integration. With the project’s presale raising an impressive $600,000 in just eight days, Battle Infinity is undoubtedly one metaverse platform worth watching. Source: B2C..,
